Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
NameDateTime takenScore ___ / 40
- 1.What is the amount (principal + simple interest) on ₹600 at 4% per year for 2 years (in ₹)?
- 2.What is 90% of 860?
- 3.A cooler costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 4.A cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 5.What is 35% of 120?
- 6.What is 45% of 140?
- 7.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2370. What is the loss (in ₹)?
- 8.A shopkeeper buys a table for ₹1100 and sells it for ₹1360. What is the profit (in ₹)?
- 9.A shopkeeper buys a cooler for ₹400 and sells it for ₹680. What is the profit (in ₹)?
- 10.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
- 11.A shopkeeper buys a fan for ₹950 and sells it for ₹1000. What is the profit (in ₹)?
- 12.A shopkeeper buys a fan for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 5 years (in ₹)?
- 14.What is the simple interest on ₹8700 at 9% per year for 5 years (in ₹)?
- 15.What is the simple interest on ₹5900 at 8% per year for 1 year (in ₹)?
- 16.A cycle costs ₹1400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a table for ₹1300 and sells it for ₹1440. What is the profit (in ₹)?
- 18.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1940. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹900 at 7% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a watch for ₹2400 and sells it for ₹2240. What is the loss (in ₹)?
- 21.What is 60% of 260?
- 22.What is the simple interest on ₹7200 at 11% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹470. What is the profit (in ₹)?
- 25.A shopkeeper buys a table for ₹900 and sells it for ₹1050. What is the profit (in ₹)?
- 26.The price of a bus pass changed from ₹20 to ₹38. What is the percentage increase?
- 27.What is 10% of 140?
- 28.A cycle costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 29.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 1 year (in ₹)?
- 31.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
- 32.What is the simple interest on ₹9800 at 5% per year for 3 years (in ₹)?
- 33.What is 30% of 240?
- 34.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?
- 35.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a table for ₹1000 and sells it for ₹1280. What is the profit (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1100. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 3 years (in ₹)?
- 40.A table costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
Answer key
- 648
- 774
- 3480
- 3600
- 42
- 63
- 80
- 260
- 280
- 10
- 50
- 240
- 7830
- 3915
- 472
- 1120
- 140
- 210
- 1089
- 160
- 156
- 3168
- 1820
- 220
- 150
- 90
- 14
- 1680
- 2
- 3597
- 20
- 1470
- 72
- 50
- 50
- 9250
- 280
- 100
- 10920
- 1650
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